AccorHotels has announced that it has signed an agreement with Mövenpick Holding and Kingdom Holding to complete the acquisition of Mövenpick Hotels & Resorts, for a cash amount of CHF560 million (€482 million).The transaction implies a 14.9X 2019e EBITDA...
The Management of the Controller and Accountant Generals Employees Co-Operative Credit Union (CAGECCU), has introduced three new services to its members to create more saving avenues for them and make their lives better. The new products include; the Kiddy Savings,...
Because of the election of National Executives of the governing  New Patriotic Party(NPP) in Koforidua,the capital of Eastern region, businesses are booming as compare to previous  days and weeks. Some traders who spoke to Mynewsghana.com  content editor,Odiasempa Kofi Boadi on...
Editor-in-Chief of the New Crusading Guide newspaper, Abdul Malik Kweku Baako Jnr., says unless politics is taken out of the equation on the matter of the depreciation rate of the cedi, it will be difficult to find a lasting solution to...
The Bank of Ghana (BoG) has issued a list of licensed banks in Ghana as of January 2019. The list includes 23 commercial banks and four representative banks that are based outside the country. The BoG in accordance with Section 28...
Cabinet has begun deliberations on a revised rent law which will peg rent advance at one year instead of the two and more years being claimed by some landlords in the country.Several well-meaning Ghanaians have over the years, bemoaned...
Dr Joe France, the Director of Financial Stability, Bank of Ghana (BoG), has said that over 90 per cent of fraud-related cases in the banking sector are associated with the employees. According to him, investigations have revealed that some of...
The Bank of Ghana on Friday collapsed Premium Bank Limited as part of its clean-up exercise of the country’s banking sector and handed its liabilities and selected assets to the Consolidated Bank Announcing the revocation of the Bank’s licence, BoG...
Ashanti region has been ranked as the most corrupt region in the country in the health and educational sectors. The Western and Eastern regions follow closely, findings from a Ghana Integrity Initiative consortium survey has revealed. While the Ashanti Region recorded...
Mr Mahama is a fellow of the Ghana Institute of Surveyors who started working at the Lands Commission upon the completion of his studies at KNUST. President Nana Addo Dankwa Akufo-Addo has appointed Suleimana Dawuda Mahama as the new Executive...
The management of the National Entrepreneurship and Innovation Plan (NEIP), has denied claims that it issues fake cheques to beneficiaries of its entrepreneurship program in the three regions of the North. It said majority of the beneficiaries of its entrepreneurship...
Former Directors of defunct UT Bank will this morning , appear before the Economic and Organized Crime Office (EOCO) to answer questions on their roles in the bank’s collapse. This follows findings of an investigative report on the collapse of...
Stringent measures introduced by the National Petroleum Authority (NPA) to curb smuggling of petroleum products have reduced the number of companies engaged in oil export business from 30 to three. Irregularities in the petroleum export to landlocked countries (Mali, Burkina...
Embattled gold dealership firm, Menzgold Ghana Limited has asked Interpol to free its Chief Executive Officer, Nana Appiah Mensah, popularly known as NAM 1 to enable him mobilize for funds to settle customers back home as soon as possible. The...
Aspiring flagbearer of the National Democratic Congress (NDC), Ekwow Spio-Garbrah has reacted to a viral list of alleged Menzgold customers in which his name has been recorded as one of the political figures who has invested in the company. According...
Nigerian businessman and Africa’s richest man, Aliko Dangote has revealed that he once withdrew a sum of $10 million from a bank just to confirm if he was indeed rich as he has been described. The business speaking to Mo...
A bank manager has narrated how one of his customers was defrauded of a sum of GHc500,000 during a business transaction. According to him, the victim had gone to trade some raw cashew nuts and was supposed to be paid...
Consolidated Bank Ghana (CBG) has assured the financial markets that customers and investors, individual and institutional, are being paid promptly when their deposits and investments mature. Daniel Addo, Managing Director of the bank, in a media interview said the task...
Lawyer Samson Lardi Anyenini who is the also the host of Newsfile on Joy FM says Nana Appiah Mensah, CEO of Menzgold could face 10 years or more in jail if found guilty of a serious offence by the...
Ghana’s cedi has recovered to levels that appropriately reflect the state of the economy after “overshooting” during a slump in the first quarter, according to the head of the central bank. The currency of West Africa’s second-biggest economy collapsed as...

LATEST NEWS

TRENDING